Cook Islands-flagged oil/chemical tanker Arthgallo was arrested in Singapore waters on Monday (20 July).

The vessel was added to the list of vessels under Sheriff’s arrest in Singapore’s court system. 

According to the list, the vessel was arrested at 5pm and the arresting solicitor listed was law firm Ming Law Asia. The ship is currently held at Raffles Reserved Anch/ 4611D Raffles Reserved. 

No details were provided in the list regarding the reason behind the arrest.

Photo credit: Manifold Times
Published: 27 July, 2026

Two notices to declare the intended dividend of Nan Ho Maritime Pte Ltd and Nan Xin Maritime Pte Ltd to their creditors have been posted on the Government Gazette on Friday (24 July).

The following are the details of the notices of intended dividend:

Name of Company : Nan Ho Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 200814315C
Address of Former Registered Office : 21 Bukit Batok Crescent, #22-70 WCEGA Tower, Singapore 658065
Last Day for Receiving Proofs : 7th day of August 2026
Name of Liquidators : Abuthahir Abdul Gafoor & Yessica Budiman
Address of Liquidators : c/o AAG Corporate Advisory Pte. Ltd., 11 Collyer Quay, #07-02 The Arcade, Singapore 049317

Name of Company : Nan Xin Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 201701966W
Address of Former Registered Office : 21 Bukit Batok Crescent, #22-70 WCEGA Tower, Singapore 658065
Last Day for Receiving Proofs : 7th day of August 2026
Name of Liquidators : Abuthahir Abdul Gafoor & Yessica Budiman
Address of Liquidators : c/o AAG Corporate Advisory Pte. Ltd., 11 Collyer Quay, #07-02 The Arcade, Singapore 049317

Photo credit: steve pb from Pixabay
Published: 27 July, 2026

As Red Sea hostilities continue to force widespread maritime diversions around the Cape of Good Hope, bunker company Peninsula on Friday (24 July) warned of a “perfect storm” for global tanker operators.

The unprecedented surge in tonne-mile demand is now intersecting with stringent Mediterranean emissions regulations, threatening to more than double operational costs and severely tighten bunker supply at alternative key ports.

With the Bab el-Mandeb Strait increasingly bypassed, vessels are exiting the Red Sea via the Suez Canal and navigating westbound through the Mediterranean to reach Asia.

Peninsula noted that this detour could more than double the normal tonne-mile demand of a Bab el-Mandeb eastbound exit. For a typical Suezmax tanker, the diversion will require around 1,500 metric tonnes (mt) of additional fuel, at a cost of circa USD 800,000, and an emissions cost of roughly 3,800 mt of CO2.

Spot rates for Suezmax vessels – the largest tankers that can transit the Suez Canal fully laden – are already increasing, causing a scramble to cover the cargoes before the tonne-mile effect kicks in.

Kenny MacLean, Chief Operations Officer at Peninsula, said: “The industry could be dealing with a sudden, significant increase in fuel consumption. This is more complex than simply plotting a longer course – it will require a fundamental recalibration of voyage economics that will squeeze global bunker supply at a time when demand already outstrips supply.”

Beyond the raw cost of fuel, Peninsula is highlighting a critical regulatory blind spot for rerouted vessels – the Mediterranean Emissions Control Area (MedECA). Under these rules, vessels transiting the entire Mediterranean must burn fuel with a maximum sulphur content of 0.1%, rendering standard Very Low Sulphur Fuel Oil (VLSFO) non-compliant.

With European authorities increasingly deploying “sniffer drones” to remotely analyse vessel emissions in real-time, operators must switch to compliant Marine Gas Oil (MGO) or suitable biofuels before entering the region. Failure to secure compliant fuel risks severe fines and costly vessel detentions.

The sudden shift in maritime traffic could redraw the global bunkering map. Peninsula expects significantly increased demand in alternative physical supply ports along the revised route, including Port Said, Malta, Gibraltar, Algeciras, Las Palmas, Algoa Bay, and Port Louis.

Richard Alvarez, Global Head of Sales at Peninsula, added: “Operators are navigating a regulatory and logistical minefield. Securing compliant fuel conveniently, in the right location, in a rising price environment is now the defining challenge of these deviated voyages.

“As supply tightens at alternative bunker hubs, the ability to rely on suppliers with a globally integrated supply network and deep access to multi-product cargos will prove critical to minimise disruption and avoid the costs of non-compliance.”

Photo credit: Peninsula
Published: 27 July, 2026